【Golden Ten Data Compilation: Daily US Stock Market News Brief (February 28, Friday)】
Individual Stock News
1. HP Inc. (HPQ.N) Q1 revenue increased by 2.4% year-over-year to $13.5 billion, with expected earnings per share of $3.45 to $3.75 for the full fiscal year 2025, all above general expectations.
2. Dell Technologies (DELL.N) Q4 revenue grew by 7.2% year-over-year to $23.9 billion, falling short of market expectations; adjusted earnings per share were $2.68, better than market expectations. The company expects earnings per share of approximately $9.30 for fiscal year 2026, excluding certain items, with revenue between $101 billion and $105 billion.
3. Tesla (TSLA.O) plans to offer a 'self-driving' ride-hailing service in California, competing with Uber (UBER.N) and others.
4. According to informed sources, Meta (META.O) is planning to test a paid subscription service for its AI chatbot MetaAI, similar to the services offered by OpenAI and Microsoft for access to premium versions of their chatbots.
5. Amazon (AMZN.O) announced the launch of a new type of quantum computing chip, Ocelot, following similar products released by Google (GOOG.O) and Microsoft (MSFT.O).
6. Barclays: Supermicro (SMCI.O) AI server business has limited visibility, giving it a neutral rating with a target price of $59.
7. According to informed sources, US private equity giant Apollo Global Management is in talks to lead a package financing of about $35 billion for Meta (META.O) to assist in developing data centers in the US. (Source: Golden Ten Data)